Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 has broken out during the trading session on Friday as stimulus continues to be a major factor when it comes to markets.

AUD/USD: Weak U.S. Dollar

The US dollar has fallen a bit during the trading session on Friday, breaking below the 50 day EMA.

The West Texas Intermediate Crude Oil market has pulled back a bit from the 200 day EMA during the trading session on Friday as we continue to focus on stimulus only.

The British pound has rallied significantly during the trading session on Friday, breaking cleanly above the 1.30 level and it is now closing towards the top of the range.

USD/JPY: Pivotal point likely at 105.40 or 105.23

The Australian dollar has rallied significantly during the trading session on Friday, as we continue to see a lot of noise out there based upon the idea of the stimulus.

The Euro shot higher during the trading session on Friday, as we continue to trade based upon the idea of the stimulus.

BTC/USD: Yet $11,460 resistance holding firm

GBP/USD: Slow medium-term bullish trend

EUR/USD: Scalp from 1.1800 area?

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South Africa is inching closer to 700,000 confirmed Covid-19 infections but will leave the Top Ten most-infected list over the next 48 hours